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Mumbai: The Mumbai jewelery market saw a huge decline in silver prices today, while slow recovery remained after a shock in gold prices. There were reports of further fall in silver, platinum, palladium and copper prices globally in view of US President Trump’s tariff war. However, gold prices remained low …
Read More »Business
The impact of tariff on the stock market, investors lost so many million crores in 1 day
The impact of the tariff imposed by US President Donald Trump was such that the Indian stock market declined drastically on Friday. Trump’s counter -tariff policy intensified selling in equity markets around the world, which also affected investors in the domestic market. Investor worried about the possibility of business war …
Read More »Rupee crosses 84 throughout the day, five paise shut down at 85.25
The Indian rupee opened firmly against the US dollar today, but later it lost an early lead and closed at 85.25. The rupee opened at 85.07 in the Interbank Forex Exchange Market and then climbed above 84 to the highest level of 84.96. After this, the fall in the rupee …
Read More »Crude oil prices fall by 3.3 percent, reach the lowest level after 2021
Crude oil prices declined after US President Donald Trump announced a mutual tariff on 60 countries, which led to a decline in demand for crude oil due to global uncertainty, while the Petroleum exporting countries’ organization (OPEC) announced a big increase in production compared to the earlier announcement. Brent crude …
Read More »More than 50% duty will be levied on 0.3% imports from America to India in 2023
US President Donald Trump has imposed a direct mutual duty of 27 percent on imports from India with some exceptions, on the pretext that India is a friendly ally and will impose a high import duty of 52 percent on imports from the US. According to data from the United …
Read More »India is considering the note-tariff ban on China and lifting of ban on Chinese FDI
Sweta Kumari 30 minutes ago Business While US President Donald Trump has imposed tariffs on India, the central government is allegedly working towards further strengthening trade relations between the two countries. After the clash between India and China in the Galwan …
Read More »Silver dropped by 3,500 for the second consecutive day, gold fell 200
Today, gold and silver continued to fall in the local bullion market and 24 carat gold fell by Rs 1,000. With a cut of 200, it is Rs. It reached the level of 92,200. While silver rose by Rs 100. Above 100 for the second consecutive day. Silver, whose price …
Read More »Foreign investment in Indian stock market increased after mutual tariff with Asian competitors
US President Donald Trump has imposed a mutual tariff of only 27 percent on India, while in Asia, India’s counterparts have been imposed high tariffs. Experts say that this is likely to increase foreign investment flows in India, especially the flow of foreign portfolio investors (FPIs) in equity. The main …
Read More »Indian industry alert due to increase in trade fee, start searching for new markets
New Delhi: On the US’s decision to impose 27% retaliatory fee on India, exporters say that this will not only affect the demand in the short term, but will also increase the possibility of dumping from China. Exporters reported that American buyers have stopped their orders so far. But now …
Read More »India will have to focus again on EV manufacturing, needs change in supply chain
New Delhi: Analysts believe that US President Donald Trump’s decision to impose 25% import duty on cars and auto parts will help India make necessary changes in its auto supply chain, especially in focusing on the electric vehicle (EV) manufacturing. Inward sources in the industry said that although the direct …
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